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Temka [501]
2 years ago
8

It will take Cody 3 months to save up enough money to purchase a stereo. He has a credit card with a 12% interest rate. Cody’s f

riend Mark says it will cost Cody less money if he saves for 3 months instead of using the credit card. Is Mark correct? Mark is correct.
If Cody uses the credit card, he will have to pay interest during each month in which he does not pay off the balance of the card. If he saves money, he will not have to pay interest.
Business
2 answers:
guapka [62]2 years ago
4 0

ANSWER: Mark is correct

EXPLANATION: Mark's idea was to save Cody from paying interest if he swipes his credit card and his idea to save money for 3 months was correct. Cody needs to save money for 3 months to save money enough for the stereo. If he swipes the credit card, he will have to pay interest for 3 months or as long as he saves up enough money to repay the credit card bill. So, if avoid the interest payment, it is a safer idea for Cody to save money for 3 months and then buy the stereo.

lukranit [14]2 years ago
3 0
I would agree that Cody ideally would save up enough money to pay for the stereo to avoid interest charges on the credit card ie to avoid the 12% interest. But the only thing is, that he may charge the credit card for convenience of paying as long as he pays the balance all off before the end of the month, then he also will pay no interest. 
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Sidana [21]

Answer:

Which action best reflects the influence of John Maynard Keynes?

B. A government gives jobs to workers during an economic recession.

Explanation:

John Maynard Keynes was a The British economist who strongly and vehemently advocated for "increased government expenditures, lower taxes, government offering full employment, and government intervention in economic activities" in order to stimulate demand, pull the economy out of recession, and kickstart it from slump.  He is known as the father of Keynesian Economics.

8 0
2 years ago
An activity's normal time and cost are 8 and $100, respectively. its estimated crash time and cost are 6 and $160, respectively.
Sphinxa [80]
An activity's normal time and cost are = 8 and $100 respectively
estimated crash time and cost are = 6 and $160 respectively
Activity's crash cost per unit time = ?
crash cost per unit time = cost slope and,
cost slope = rise/run = (crash cost - normal cost) / (normal time - crash time) 
cost slope = (160 - 100) / (8 - 6) = 60 / 2 = $30
so, crash cost per unit time is $30.
3 0
2 years ago
HELP!! : Could a sales representative easily translate his or her skills into being a buyer? What would be
Lunna [17]

Answer:

Yes, a sales representative can translate his skills into being a buyer

Explanation:

A sales representative is one who completes a sale of a product in a direct or face to face interaction with the buyer.

Skills of a good sales representative includes:

1. Product knowledge

2. Strategic prospecting skills

3. Active listening

4. Communication

5. Good time management

A sales representative can convert all these skills listed above into becoming a better judge of a product as a buyer and in relation with other sales representatives.

One of the challenging thing about the shift would be the ability to trust another sales representative's words about a product or service.

The skill that would translate seamlessly would be product knowledge because if a sales rep already have a good knowledge of a product before it would greatly enhance his choices when choosing one for himself.

3 0
2 years ago
Maria Mendez is division controller and James Dalton is division manager of the Hestor Shoe Company. Mendez has line responsibil
myrzilka [38]

A) Mendez's ethical responsibilities are,

1)Competence

2)Confidentiality

3)Integrity

4)Credibility

B)The responsibilities of mendez if dalton gives her a direct order to book the sales are explained below.

Explanation:

1)

Integrity

Cometence

Credibility

IMA is highly regarded organization for accountants and finance professionals. The following four standard to which the organization holds CMA's accountable are

1)Competence

2)Confidentiality

3)Integrity

4)Credibility

2)

Mendez should refuse to follow dalton's orders and if dalton persists, the incident should be reported to the corporate controller of hester shoe company. Support for the linc managers should be wholehearted, but it should not require unethical conduct.

8 0
2 years ago
According to PCN analysis, which process region includes process steps in which one participant is acting on another participant
mamaluj [8]

Options:

A. Independent processing

B. Surrogate Interaction

C. Direct interaction

D. Resource processing

E. Process domain Interaction.

Answer:B. Surrogate Interaction

Explanation:

PCN(preassigned control number) PROGRAM is a program system designed to allow the Library of Congress to assign control numbers in advance of a publication to those titles which may be included to collections of materials in the Library. PCN number is only assigned to publishers in the United States of America.

Surrogate Interaction is a type of Interaction taking place in a PCN program where there are no direct interaction.

3 0
2 years ago
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